Multi-billion euro deal for Stadler
Posted on 05 May 2020 and read 1007 times
Stadler has won the largest tender to date from the Berliner Verkehrsbetriebe (BVG) for the delivery of up to 1,500 new carriages for use on the Berlin underground network.
The framework agreement, worth up to 3 billion euros, is one of the largest supply contracts ever awarded in Europe. An unsuccessful bidder initiated a review procedure, but this was rejected by the Berlin Court of Appeal.
The framework agreement includes a fixed minimum-order quantity of 606 carriages. Stadler will supply 376 carriages in a first call-off order from 2022 onwards. Another 230 carriages have been ordered on a firm basis, but the corresponding call-off order will be placed at a later date.
The framework agreement also provides for an optional call-off order for 894 more carriages. The value of the firm order, which includes the supply of spare parts, amounts to around 1.2 billion euros.
Jure Mikolčić, CEO of Stadler in Germany, said: “We are delighted that BVG has decided to continue its successful co-operation with our company. We are very proud to have won one of the largest delivery contracts ever awarded in Europe and to be able to complete the order in Berlin for Berlin.
“We have decided to bring forward our planned investments in the Stadler location in the German capital in order to create an optimal basis for the implementation of this major project.”